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How come Obama's attack ad about the Steel Mill that was about to close...?
has so little truth. They have a former worker who had to be blind to the problems that the Steel Mill was in saying what the average worker always say when they think that someone will be able to safe their company. Also, Bain Capital did keep it open for almost a decade longer then it was suppose to.
Are Democrats that ignorant of the business world? Or just blind?
4 Answers
- ?Lv 79 years ago
The business plan guiding Bain Capital (and other firms like Bain) called for the company to identify organizations in some degree of distress, contribute enough capital as down payment to borrow money to buy the ailing company, and sell off assets sufficient to repay the debt and down payment with as much profit as possible left over for Bain. That’s the plan. It absolutely ignores the long-term health of the target company, the plight of the employees and the impact on the community. Bain is a carrion-eater by design.
That some victims survived is no credit to Governor Romney.
- Anonymous9 years ago
proof? Link? wagon wheel?
Once your side apologizes for lying about our presiden'ts birth and citizenship, i'll consider your opinion. But right now all you have is a record of lying and never apologizing even once.
So I'll assume youre lying now too. I have no choice. You forced me.
- KevilLv 59 years ago
I've no idea what add you speak of,please include a link next time.until then.....
Source(s): Obama 2012